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CenterPoint Energy Restoration Bond Co II issues $401.5 million in system restoration bonds

Published 17/09/2025, 22:04
CenterPoint Energy Restoration Bond Co II issues $401.5 million in system restoration bonds
CNP
-0.46%

CenterPoint Energy Restoration Bond Co II, LLC, a subsidiary of CenterPoint Energy Houston Electric, LLC (NYSE:CNP), announced Wednesday it has issued $401,521,000 in aggregate principal amount of its Series 2025-A Senior Secured System Restoration Bonds. The issuance was completed pursuant to an indenture dated Wednesday among the company, U.S. Bank Trust Company, National Association as indenture trustee, and U.S. Bank National Association as securities intermediary.

The bonds were offered in accordance with a prospectus dated September 9, 2025. The transaction follows the adoption and restatement of the Limited Liability Company Agreement for CenterPoint Energy Restoration Bond Co II, LLC, as previously disclosed in a filing on September 11, 2025. CenterPoint Energy Houston Electric, LLC is the sole member of the issuing entity.

The company also filed several related agreements and legal opinions as exhibits to the current report, including the amended and restated LLC agreement, the indenture and series supplement, servicing and sale agreements, and legal opinions regarding the bonds’ legality and tax matters.

This information is based on a statement in a press release filed with the Securities and Exchange Commission.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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